The Nikkei Shimbun recently reported on issues faced by homeowner associations in buildings with a large number of foreign owners.
A survey by the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) in 2015 found that 85% of the surveyed real estate companies reported an increase in sales to foreign buyers over the past 10 years. Some reported that the cheaper, older buildings were providing popular, as long as they were in good locations.
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